Saab B, SE0021921269

SB1 Markets raises Saab B stock target to SEK 660

Published on 10/26/2026 at 16:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 sales rose 30.60 percent to SEK 20.55 billion. Saab B stock costs EUR 58.61 on October 26, 2026, up 0.70 percent versus the Tradegate close.

SB1 target update

SB1 Markets raised its Saab target from SEK 650.00 to SEK 660.00 on October 26, 2026.
Third-quarter sales rose 30.60 percent year over year to SEK 20.55 billion.
Saab B stock costs EUR 58.61 at Lang & Schwarz on October 26, 2026 at 4:40 p.m. CET, 0.70 percent above the Tradegate close of October 23, 2026.

Saab B, SE0021921269, Illustration mit AI erstellt.

SB1 Markets raised its Saab target from SEK 650.00 to SEK 660.00 and kept a neutral rating on October 26, 2026, according to Zonebourse. Saab B stock was trading at EUR 58.61 at Lang & Schwarz on October 26, 2026 at 4:40 p.m. CET, up 0.70 percent versus the Tradegate close of October 23, 2026 at EUR 58.20.

Analyst targets stay divided

SB1's new target is 1.16 percent above Saab's SEK 652.40 quote on Nasdaq Stockholm at 4:47 p.m. CET on October 26, 2026. The target increase therefore leaves limited implied upside in the Stockholm quotation, while the neutral rating signals a more cautious reading of the strong results.

Other research changes were also published on October 26. Barclays raised its target from SEK 755.00 to SEK 760.00 and kept an overweight rating, while Pareto Securities cut its rating to hold and lifted its target from SEK 690.00 to SEK 700.00, according to Zonebourse and Zonebourse.

Q3 growth supports the debate

Saab's third-quarter sales increased 30.60 percent year over year to SEK 20.55 billion, while EBIT rose 42.00 percent to SEK 1.95 billion. The EBIT margin improved to 9.50 percent from 8.70 percent in the third quarter of 2025, according to the company's Saab.

Order bookings reached SEK 65.83 billion in the third quarter, compared with SEK 20.86 billion a year earlier. Operational cash flow increased to SEK 6.79 billion from SEK 142.00 million, while the order backlog stood at SEK 364.22 billion on September 30, 2026. These figures explain why several analysts raised targets even as some ratings became more cautious.

Price position and next date

Saab's Stockholm quote stood at SEK 652.40, versus a 52-week range of SEK 445.10 to SEK 748.80 and a market capitalization of SEK 346.2 billion on October 26, 2026. The next scheduled corporate date is February 5, 2027, when Saab is due to publish its fourth-quarter and full-year 2026 results, according to the company's investor calendar.

Comparison with peers

Saab B: up 0.91 percent, P/E 30.46, market capitalization SEK 346.2 billion.

BAE Systems: up 3.42 percent, P/E 28.56, market capitalization GBP 58.5 billion.

Leonardo: up 1.72 percent, P/E 25.27, market capitalization EUR 28.4 billion.

Stock stays below its yearly high

Saab combines faster sales growth with a larger order backlog, but the analyst updates show that valuation remains central after the third-quarter report. The Stockholm quotation and the euro price point to a market still weighing strong operating figures against already elevated expectations.

The further course of trading is shown by the continuously updated real-time quote of Saab B stock.